Another small, independent broker-dealer that faces mounting legal claims is exiting the business, this time after selling real estate deals by a bankrupt syndicator.
Michael Walls studiously avoids doing what everyone else does
If one can make the case for investing in a dedicated India fund, then the Matthews India Investor Fund (MINDX), managed by Sharat Shroff, might be a good one to pick
The Marsico Flexible Capital Fund was, in part, born of necessity
Managers who charge higher expenses take more chances to make up the difference, says Laura Lutton
Asset management unit relaunching high-income fund as floating-rate fund; such offerings have seen record inflows on inflation worries
Muni bond transparency isn't very transparent. Indeed, making sense of muni bond funds can be an exercise in frustration. Now, a new rating system may clear things up a bit.
Products are 'difficult to assess,' commission-based distribution seen as a problem
The most surprising thing about the recent stock market volatility is that we haven't seen more of it, according to Bradley Hinton, manager of the $770 million Weitz Partners Value Fund Ticker:(WPVLX).
The marketplace for nontraded real estate investment trusts has exploded with new offerings over the past couple of years, but executives at independent broker-dealers are leery of opening their platforms to such products
The tax-exemption provided to investors in U.S. state and local government bonds faces a fresh challenge in Congress, where two senators are pushing a bill that would roll back the subsidy.
A federal judge dismissed a suit claiming brokers are investment advisers because they receive marketing fees. But the decision is likely to be appealed. So what's at stake? A reversal in the decision could cost fund companies billions -- and force brokers to dually register.
Nearly 100 small to midsize independent broker-dealers find themselves in trouble over sales of tenant-in-common exchanges, a form of real estate ownership in which two or more parties hold fractional interests in a property
Nearly 100 smaller independent broker-dealers sold TICs -- a real estate investment vehicle -- from an Idaho-based distributor that went bust. Now, a bankruptcy court official is putting the bite on those firms.
Peter Cieszko, current president of global distribution, will be named to the position, replacing Dennis Ferro.
Stole $7M from elderly clients; will get out of prison when he's 91
Home prices in the second quarter fell nearly six percent from the previous year. That's bad news for clients looking to sell right now.
Homeownership rate now below 60%; opportunity for real estate investors?
